While Bugs Bunny fans eagerly await news about whether Space Jam 2 will ever happen, another movie based on the Looney Tunes world is moving forward with a pair of writers and one of its leads.

EW can confirm The Hollywood Reporter’s original report that the writers behind 2011’s X-Men: First Class and the upcoming Power Rangers reboot, Ashley Miller and Zack Stentz, have signed on to write the untitled Acme film. Not much is known about the project’s plot, though it is expected to be a hybrid of live action and animation with Steve Carell in a starring role.

THR also reports that the writers of Carell’s Crazy, Stupid, Love, Glenn Ficarra, and John Requa, are in early negotiations to direct the project.

The Acme company is known in the Looney Tunes universe for developing ridiculous and impractical items most famously used by Wile E. Coyote in his endless pursuit of the Road Runner. Whether the two characters appear in the film, one of Coyote’s go-to weapons, an Acme-branded anvil, will surely make at least one cameo.